Is the U.S. Student Loan Program in a Deep Hole? One Banker Thinks So. | Josh Mitchell

Authorities sees it as a moneymaker. Former JPMorgan government sees a $500 billion loss looming as a result of rosy compensation hopes. Biden officers reject his prognosis.

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Trump And Biden Cancelled $90 Billion In Student Loan Interest Using Executive Action — Can Biden Do More? | Adam S. Minsky

Because the Biden administration continues to guage whether or not it’s attainable to enact widespread pupil mortgage forgiveness utilizing government authority, misplaced within the debate is an easy truth: President Biden and former President Trump collectively have already cancelled $90 billion in pupil mortgage curiosity.

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